The Table Given Below Shows the Prices Charged and Marginal

Multiple Choice

The table given below shows the prices charged and marginal cost incurred by a monopolist for different units of output.Table 11.3

-Assume that the firm described in Table 11.2 is incurring a total cost of $7,000 at the profit-maximizing output level. The firm will

A) lose $10,000 in the short run.
B) break even.
C) earn a profit of $3,800.
D) earn a profit of $3,500.
E) earn a profit of $5,500.